Based on the provided 1-hour chart for GBPUSD, the pair is currently trading at approximately 1.32491, showing a bearish reversal after a strong bullish spike to 1.32925 seen on October 6. The price had rallied sharply from the lows near 1.31775 on...
SMC Entry Plan After a Breakout. A breakout is one of the most important events in Smart Money Concepts (SMC) trading because it can reveal a shift in market structure and provide clues about where price may move next. However, entering immediately...
Head and Shoulders Pattern with ICT/SMC Concepts 1. Market Structure Formation The chart illustrates a classic Head and Shoulders formation combined with ICT/SMC concepts such as Break of Structure (BOS), Market Structure Shift (MSS), and Fair Value...
USDCAD Technical Analysis: We are currently investigating the dynamic pricing behavior of the USD/CAD currency pair. Following 1.42241, the USD/CAD pair proceeded to drop, eventually reaching 1.41571. This change drove the M15 and H1 time periods...
GBP/USD H1 TIMEFRAME TECHNICAL ANALYSIS Price Action and Market Structure The GBPUSD pair is currently trading around the 1.32455 level. The price action over the last week (Sept 29 – Oct 7) displays a volatile, choppy character rather than a...
